Evolved08gsr's Crypto Overview August 22, 2017 (9:00 AM EST) - BTC under $3980 - ETH over $310 - LTC over $46

evolved08gsr (57)in #cryptocurrency • 7 years ago

Overview

Good Morning, fellow Crypto Enthusiasts!

We had some serious drops across the board last night for #bitcoin, #ethereum, and Litecoin. All coins experienced a downturn leading into 1:00 AM EST, followed by a recovery period into this morning.

August 22, 2017, Around 9:00 AM EST

Bitcoin (BTC) is at $3,978.39, $57.62 Lower than at the same time yesterday, or Down 1.43%
Ethereum (ETH) is at $311.02, $18.76 Lower than at the same time yesterday, or Down 5.69%
Litecoin (LTC) is at $46.44, $0.15 Lower than at the same time yesterday, or Down 0.32%

August 21, 2017, Around 6:10 PM EST

Bitcoin (BTC) is at $4,009.24, $137.08 Lower than at the same time yesterday, or Down 3.31%
Ethereum (ETH) is at $321.79, $24.84 Higher than at the same time yesterday, or Up 8.37%
Litecoin (LTC) is at $47.03, $0.35 Higher than at the same time yesterday, or Up 0.75%

August 21, 2017, Around 3:15 PM EST

Bitcoin (BTC) is at $4,013.26, $131.73 Lower than at the same time yesterday, or Down 3.18%
Ethereum (ETH) is at $329.33, $33.90 Higher than at the same time yesterday, or Up 11.47%
Litecoin (LTC) is at $46.55, $0.19 Higher than at the same time yesterday, or Up 0.41%

August 21, 2017, Around 12:30 PM EST

Bitcoin (BTC) is at $4,017.65, $82.35 Lower than at the same time yesterday, or Down 2.01%
Ethereum (ETH) is at $334.50, $40.98 Higher than at the same time yesterday, or Up 13.96%
Litecoin (LTC) is at $46.55, $0.18 Higher than at the same time yesterday, or Up 0.39%

Evolved08gsr's Analysis

Let's review each coin's performance since ~6:10 PM EST last night:

Bitcoin (BTC): Starting at $4,009.24 and currently sitting at $3,978.39, there has been a Net Decrease in Value of $30.85, or 0.77% since last night.
Ethereum (ETH): Starting at $321.79 and currently sitting at $311.02, there has been a Net Decrease in Value of $10.77, or 3.35% since last night.
Litecoin (LTC): Starting at $47.03 and currently sitting at $46.44, there has been a Net Decrease in Value of $0.59, or 1.25% since last night.

Evolved08gsr's Trend Follow-Up

For the second day in-a-row, Bitcoin dropped sharply between the 12:00 AM to 1:00 AM EST time slot and increased insignificantly during the 4:00 AM to 5:00 AM EST time slots overnight, ending up mostly flat from the start of 12:00 AM to 5:00 AM EST due to gains noted between 1:00 AM and 3:00 AM EST.
There was NO noticeable dip in Bitcoin leading up the 7:00 PM hour last night, however, there was a period of decline between 8:30 PM and 9:50 PM EST and again from around 12:00 AM to 1:00 AM EST (noted above)
Ethereum has been in a steady decline since about 10:00 AM EST yesterday morning.
Ethereum and Litecoin continue to lack consistent trends.
All 3 coins seem to be trending in their own directions, with no similar patterns across the coins.